September 6, 2022

According to Statistics Austria, 16 100 new employer enterprises were created in Austria in 2020. Measured against the total number of active employer enterprises, this corresponds to an enterprise creation rate of 7.0 % and thus a decline compared to the previous year (2019: 7.6 %). In the same period, 15 049 employer enterprises disappeared from the market; the enterprise closing rate was 6.6 %.

On average, each new employer enterprise created 3.5 jobs in 2020, whereby the statistics on employer business demography cover both enterprises that already had employees at the time of foundation and enterprises that only became employers in the course of time. Most new employer enterprises (4 363 or 27.1 %) were founded in Vienna; Lower Austria (15.5 %) and Upper Austria (14.3 %) ranked second and third. With 8.5 %, Vienna also recorded the highest enterprise creation rate. The most common legal form was the sole proprietorship (56.5 % of all new employer enterprises). The vast majority (87.5 %) of new employer enterprises had between one and four employees in the year of birth.

Wholesale and retail trade recorded highest number of new employer enterprises

83.6% of the new employer enterprises in 2020 were located in the services sector, most of them in wholesale and retail trade (2 926), accommodation and food service activities (2 258) and professional, scientific and technical activities (2 218). The highest employer enterprise creation rates were in real estate activities (10.5 %), followed by the information and communication sector (10.1 %) and other service activities (9.4 %). The lowest shares of newly founded employer enterprises were recorded in the economic branches of water supply; sewerage, waste management and remediation activities (2.8 %), manufacturing (4.2 %) and electricity, gas, steam and air conditioning supply (4.8 %).

Knowledge- and research-intensive enterprise births most frequently without employees

48.1 % or 15 770 of the total of 32 773 new enterprises in Austria in 2020 were knowledge- and researchintensive companies. The vast majority of these (93.4 %) had no employees and therefore did not belong to the employer enterprises. 5.0 % of knowledge- and research-intensive enterprise births had one to four employees in the year of their creation; 1.1 % had five to nine employees and 0.5 % had ten or more employees.


Source: Statistics Austria
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.